RATON, N.M. (AP) — The Raton Range, a biweekly newspaper serving the communities along New Mexico's northeastern border with Colorado, has ceased publication.

CPA/Courtesy

Paula Murphy

In a letter posted on the newspaper's web site, publisher Paula Murphy apologizes to readers for failing to deliver Friday editions, citing the high costs of printing and the shrinking population in Raton.

She says the company is saddled "with so much debt that it would take the glory days of advertising revenue to pay it back."

Still, she says she is an optimist and is working on one more potential option for saving the publication where she has worked for 28 years. Murphy says she cannot say with any certainty that it will work, but she hopes it will. "So this may not be our death, but merely a regrouping. "